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Patrick A. Sturgeon

Patrick A. Sturgeon Profile Photo

Managing Partner

Patrick Sturgeon is a Managing Partner at Brookline Capital Markets, a division of Arcadia Securities, LLC, a Healthcare focused investment bank which provides capital raising, M&A, and strategic advisory services. He has completed a diverse series of transactions to include Initial Public Offerings, PIPEs, Follow-Ons, Private Placements from Series A through Private-to-Public Crossovers, Asset Back Lending, Buy & Sell-Side Merger Advisory, Secondary Trading and Strategic Advisory Services. He is asked to speak at events on topics to include the equity capital markets, the healthcare industry and transaction execution.
He has been the Chief Financial Officer of three biotech focused SPACs that have successfully closed acquisitions – Alpha Healthcare Acquisition Corp. (Humacyte (NASDAQ: HUMA) – first company to have RMAT designation), Alpha Healthcare Acquisition Corp. III (Carmell Corp. – Platelet-rich plasma (PRP) therapeutic focused on wound healing) and Brookline Capital Acquisition Corp I (Apexigen – Oncology focused). He continues to serve as Vice Chairman to the public company Longevity Health Holdings (NASDAQ: XAGE).
As a Founding Partner of Covenant Venture Capital, Mr. Sturgeon has led investments in prominent companies like Anduril, Anthropic, EpiBone, Dataminr, SpaceX and others, demonstrating his strategic investment acumen across high growth sectors such as artificial intelligence, biotech, data analytics and defense. He led the process to have Covenant confirmed as a Qualified Venture Fund for NJEDA which allows them to receive matching investment funds from the State of New Jersey.
He also serves on the Advisory Board of the private company ZeroToOne.AI, a tailored AI marketing solution for Fortune 500 companies.
Previously, he was a Managing Director at Axiom Capital Management, a boutique investment bank and a Vice President at Freeman & Co., a Financial Services focused merger & acquisitions investment bank.
Mr. Sturgeon graduated from the University of Massachusetts at Amherst with a B.S. in Economics and from NYU Stern School of Business with a M.B.A.

SPAC Sponsors Explained
Oct. 6, 2025

SPAC Sponsors Explained

In this episode of The SPAC Podcast , Patrick Sturgeon, Managing Partner at Brookline Capital Markets, explains what separates strong SPAC sponsors from passive ones. He shares why the best sponsors bring more than just capital, offering industry knowledge, operational experience, and access to networks that can help companies grow. Patrick highlights how valuable sponsors understand the challenges operators face and contribute solutions through relationships, financing connections, and strategi...
Is The Private Company Ready for a SPAC Merger?
Sept. 23, 2025

Is The Private Company Ready for a SPAC Merger?

In this episode of The SPAC Podcast , Patrick Sturgeon, Managing Partner at Brookline Capital Markets, shares his advice for private company CEOs considering a SPAC merger. He stresses the importance of conducting due diligence on the sponsor team, while also being honest about whether the company is truly prepared to operate as a public entity. Patrick outlines the additional requirements that come with going public — from audited financials and organized data rooms to ongoing disclosure obliga...
How Do SPACs Compare to Direct Listings and IPOs?
Sept. 22, 2025

How Do SPACs Compare to Direct Listings and IPOs?

In this episode of The SPAC Podcast , Patrick Sturgeon, Managing Partner at Brookline Capital Markets, explains why some companies may choose a SPAC over a traditional IPO or direct listing. While SPACs are not always the best option, Patrick highlights the unique flexibility they offer for certain situations. He discusses how SPACs allow companies to phase in capital raising through mechanisms like PIPEs or private placements and to structure features such as earnouts more easily than in a trad...
Why Private Companies Consider Going Public
Aug. 29, 2025

Why Private Companies Consider Going Public

In this episode of The SPAC Podcast , Patrick Sturgeon, Managing Partner at Brookline Capital Markets, explains why many private companies ultimately choose to go public. He highlights how listing on exchanges like the NYSE or NASDAQ can provide existing shareholders with liquidity, attract new types of investors, and expand access to capital. Patrick also discusses how being public can increase transparency, research coverage, and visibility in the capital markets — making it a natural progress...
SPAC Guest Spotlight: Patrick Sturgeon
Aug. 28, 2025

SPAC Guest Spotlight: Patrick Sturgeon

In this episode of The SPAC Podcast , Patrick Sturgeon, Managing Partner at Brookline Capital Markets, introduces his background and shares his experience navigating the SPAC landscape. With a career spanning investment banking and hands-on leadership as CFO of three SPACs that each completed acquisitions, Patrick has gained valuable insights from both the advisory and principal sides of the market. Patrick highlights how Brookline Capital Markets, a boutique New York-based investment bank, focu...